SAN FRANCISCO—As GlobeSt.com recently reported, Colliers International named Jim Osburn to the post of managing director of real estate management services for the brokerage firm's San Francisco office. In an update to that story, GlobeSt.com chatted with Osburn on his agenda for 2015 and on regional drivers and challenges. Osburn has more than 15 years' experience in commercial real estate asset management, property management and valuation. In his new role with Colliers he will oversee all aspects of property management in the San Francisco market.
GlobeSt.com: Congratulations to your new role. What is on your agenda for 2015?
Jim Osburn:To introduce our unique culture and platform to as many prospective clients as possible. Our collaboration of the landlord leasing brokerage and real estate management services teams creates an unmatched asset management platform in San Francisco.
GlobeSt.com: Tell me a bit more about that platform. What makes it unique?
Osburn:The Colliers culture is very entrepreneurial so we are able to provide creative solutions for our clients. We have the agility of a small private equity firm, but the stability of a life company. I also want to introduce our culture and platform to the best and brightest real estate management professionals in San Francisco so we can deliver to our clients the best possible service.
GlobeSt.com: The San Francisco commercial real estate market is known to be one of the best in the nation. What are you seeing as the main regional drivers?
Osburn: I think most of us agree that the dominant driver is the innovation-based economy.
GlobeSt.com: How about the regional challenges?
Osburn:The biggest challenges are the cost of living and cost of doing business in the Bay Area. City centers across the US are experiencing a renaissance as Millennials desire urban living. Office rents and housing prices in San Francisco are making it difficult for businesses to grow and for young families to purchase homes. There are a number of other lower cost cities that possess fantastic urban neighborhoods and a large stock of historic buildings waiting to be restored to their past glory. San Francisco will always be at the top of the economic ladder in the US, but its growth may be muted by its prohibitive costs.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
